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SYP invests 375 million yuan in reconstructing production lines

Post Time:Aug 21,2008Classify:Company NewsView:349

SYP has announced that its board agreed to add 375 million yuan more for the reconstruction of the first float glass line of Jiangsu SYP Glass Co., Ltd., a subsidiary of SYP, and to provide less than 100 million yuan of shareholder loan for Jiangsu SYP Glass.

In addition, the Board of SYP has approved that the company will jointly increase the investment in the second line of Changshu SYP Special Glass Co., Ltd. with its wholly owned subsidiaries.

Source: GlassInChinaAuthor: admin

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